The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
The Indian rupee rebounded on Wednesday, after falling to a lifetime low in the prior session, to log its best day in over ...
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing ...
Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...
The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...